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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15265)12/9/2002 4:41:43 PM
From: Lizzie Tudor  Respond to of 57684
 
"It looks like that initial response on Friday was misplaced," said Doug Kass, head of the hedge fund Seabreeze Partners. "This lacks imagination, lacks creativity, lacks forward thinking, lacks youth."

To many, Snow's credentials don't seem particularly different from O'Neill's. The head of an oldline company -- this time a railroad rather than Alcoa -- Snow wasn't seen as even a long shot for the Treasury job.
money.cnn.com



To: Lizzie Tudor who wrote (15265)12/9/2002 5:07:43 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
The improving fundamentals might have been priced in by
the rally off the lows. The market now needs to see whether
this improvement sticks and morps into growth or will it be
more of one quarter growth followed by a dip into recession. The overcapactity, the debt are going to be a major drag on the economy for some time to come.

Anindo


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